Tag: What is the rate of gift card in Naira?

10 Highest Gift Cards with Best Rates in Nigeria in 2026: In Nigeria, gift cards have become a popular way to send gifts to loved ones, especially during festive seasons. However, not all gift cards have the same exchange rate, so it’s essential to know which ones offer the best rates. In this article, we’ll discuss the top 10 gift cards with the highest value in Nigeria.

Which Gift Card Has The Highest Rate in Nigeria Right Now?

Which gift card app has the highest rate? The gift cards with the highest exchange rate value are Apple/iTunes, Razer Gold, Foot Locker, Nike, Steam, Amazon, Sephora, Google Play, and American Express gift cards, etc.

Gift Cards With High Rates:

1. Apple Gift Card: Apple gift cards are widely accepted in Nigeria, and they have a high exchange rate. As of 2026, the exchange rate for Apple iTunes gift cards is around 1,090 to 1,800 Naira per dollar.
2. Razer Gold Gift Card: Razer Gold gift cards are popular among music lovers and Razer product users. They also have a high exchange rate, with a value of around 1,080 -1,800 Naira per dollar.
3. Google Play Gift Card: Google Play gift cards are used to purchase apps, games, and other digital content on the Google Play Store. They have an exchange rate of around 995 – 1,600 Naira per dollar.
4. Foot Locker Gift Card: Walmart gift cards are accepted in Nigeria, and they have a high exchange rate. As of 2026, the exchange rate for Walmart gift cards is around 1,075-1,095 Naira per dollar.
5. Sephora Gift Card: Sephora gift cards are popular among beauty enthusiasts, and they also have a high exchange rate in Nigeria. The exchange rate for Sephora gift cards is around 780-880 Naira per dollar.
6. Steam Gift Card: Steam gift cards are used to purchase games and other digital content on the Steam platform. They have an exchange rate of around 1105 – 1,700 Naira per dollar.
7. eBay Gift Card: eBay gift cards are accepted in Nigeria, and they have a moderate exchange rate. As of 2026, the exchange rate for eBay gift cards is around 760-970 Naira per dollar.
8. Nordstrom Gift Card: Nordstrom gift cards are popular among fashion lovers, and they also have a moderate exchange rate. The exchange rate for Nordstrom gift cards is around 780-980 Naira per dollar.
9. Target Gift Card: Target gift cards are accepted in Nigeria, and they have a moderate exchange rate. As of 2026, the exchange rate for Target gift cards is around 750-987 Naira per dollar.
10. Macy’s Gift Card: Macy’s gift cards are used to purchase fashion items, home goods, and other products from Macy’s department store. They have an exchange rate of around 760-1890 Naira per dollar.

In conclusion, these are the top 10 highest gift cards with the best rates in Nigeria in 2026. If you’re planning to sell a gift card in Nigeria, consider choosing one from this list to get the best exchange rate from Hook. However, keep in mind that exchange rates can fluctuate, so it’s always a good idea to check the current rate before making any transactions.

Check current rates here.

How To Trade Your Gift Card On the Hook App?

1. Create an account via our website or mobile app.
2. Download the Hook Mobile App from the Google Play Store or Apple Store.
3. Register and set up your account profile.
4. Optionally, verify your BVN for added security.
5. Add your bank account details for easy fund withdrawal.
6. Click “TRADE GIFT CARDS” and select “SELL GIFT CARDS.”
7. Search for a gift card.
8. Specify the currency and card type (Physical card, Ecode, Receipt, etc.).
9. Enter card details: sub-category, value, and amount.
10. Review the cash payout in Naira and proceed.
11. Verify the gift card by entering the Ecode or uploading a photo.
12. Confirm the transaction and receive instant cash in your account wallet for withdrawal.

Start trading gift cards with ease on our platform today! For any queries, feel free to contact us. Happy trading!

• iTunes, Steam, Google, Visa
• Amazon, Sephora, Nordstrom, Nike
• Walmart, Nike, Amex,
• eBay, Best Buy,
• Apple Store, Macy, Vanilla, Target.

Gift card rate calculator app: To know the current rate of each gift card above, kindly check out our gift card rate calculator to find out the best gift card rate in Nigeria.

Why Should You Trade on Hook?

1. Transaction speed

Hook is widely known among its users for its quick transaction speed. All transactions are completed in under 5 minutes. When you need to exchange swiftly without delay, Hook is your best bet.

2. High rates

Looking for high rates for your gift cards? No other platform like Hook offers those exciting offers. You can also check the current rate for any gift card of your choice.

3. Seamless transaction

Abolish the idea of difficult gift card trading. With the Hook app, enjoy the benefit of seamless transactions.

4. Excellent Customer service

In case of any issues while selling your gift cards or during gift card purchases, do not hesitate to reach out to our customer support line. You will be attended to promptly and appropriately.

5. Safe transaction

All your details and card information are well-secured on the platform. You have no reason to fear.

6. Guaranteed payment

I understand the fear associated with gift card trading due to the large number of fake exchange agents on the internet. Here, your payment is processed immediately after a successful transaction.

GIFT CARD – DEFINITION

A gift card is also known as a gift certificate in North America, or gift voucher or gift token in the UK, is a prepaid stored-value money card, usually issued by a retailer or bank, to be used as an alternative to cash for purchases within a particular store or related businesses.

Gift cards are also given out by employers or organisations as rewards or gifts.

They may also be distributed by retailers and marketers as part of a promotion strategy to entice the recipient to come in or return to the store, and at times, such cards are called cash cards.

Gift cards are generally redeemable only for purchases at the relevant retail premises and cannot be cashed out, and in some situations may be subject to an expiry date or fees. 

American Express, MasterCard, and Visa offer generic gift cards that need not be redeemed at particular stores, which are widely used for cashback marketing strategies.

A feature of these cards is that they are generally anonymous and are disposed of when the stored value on a card is exhausted.

From the purchaser’s point of view, a gift card is a gift, given in place of an object which the recipient may not need, when the giving of cash as a present may be regarded as socially inappropriate.

References

1. ^ “GIFT TOKEN”. Cambridge English Dictionary. Archived from the original on 16 September 2014. Retrieved 21 November 2018.
2. ^ HORNE, DANIEL R. (2007). “Gift Cards: Disclosure One Step Removed”. The Journal of Consumer Affairs. 41 (2): 341–350. doi:10.1111/j.1745-6606.2007.00084.x. ISSN 0022-0078. JSTOR 23860062. Archived from the original on 8 October 2020. Retrieved 15 April 2021.
3. ^ Jump up to:^a b c d Hood, James R. (20 February 2006). “Congress Considers New Gift Card Rules”. consumeraffairs.com. Archived from the original on 8 March 2012. Retrieved 16 June 2008.
4. ^ “2012 Holiday Gift Card Spending Report”. giftcardlab.com. 26 November 2012. Archived from the original on 3 December 2013. Retrieved 12 January 2013.
5. ^ “Gift Cards and Financial Reporting”. archives.cpajournal.com. Archived from the original on 15 April 2021. Retrieved 15 April 2021.